Not that many years ago, every week I could expect to have tuition payments arrive late and later. It actually got so bad that I was making trips to the bank 3-4 (or more) times every week. I was so tired of it! Some parents would say they “forgot” here and there. Others would be habitually late every week. I was in my push over phase and let things go for too long. Finally, I was given a road map for how to get tuition payments on time – every week. So just in case you can relate, today I want to share this strategy with you. Buckle up, and get ready for things to take an 180-degree turn. Here are 10 things you can do this week to get paid on time next week and every week. [Read more…] about How to get tuition payments on time
Today, I would like to look at how to successfully convey your rates to clients and how to develop a strategy to know how and when to raise your rates. Oh and don’t miss the FREE DOWNLOAD!
Enrollment is something that is constantly on a child care provider’s mind. Of course, you need children to enroll in your program, but if you do not consider what you will charge, even if all your enrollment spots are filled you still may not bring in enough income to make your business viable. It is absolutely imperative to know how to set your rates and when to raise them.
Today, I want to talk to you about why it is important for a child care provider to consider how they will set their rates and why they should charge that. Then, because this can be such a make or break issue, I will continue the discussion addressing how to successfully (and professionally) convey your rate policy to your potential clients as well as how and when to raise your rates in Part 2. [Read more…] about How to set your rates & when to raise them, Part 1